Coach Shares Moving Toward Growth, Piper Jaffray Says
Shares of Coach were higher Monday on word that Piper Jaffray sees the stock moving toward growth from recovery.
Shares of Coach (COH) were higher Monday on word that Piper Jaffray sees the stock moving toward growth from recovery. Analysts believe that product initiatives are aiding comp growth and bringing new and lapsed consumers to the luxury retailer brand. Piper Jaffray maintained its Overweight rating and $46 price target on the shares. Shares of Coach have gained 10% since the start of the year.
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